GREY:FFLWF - Post by User
Comment by
Oldweedon Dec 05, 2022 2:32pm
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Post# 35151615
RE:FAF Heading to 100% Loss
RE:FAF Heading to 100% LossThoughtsOnThis wrote: The FAF founder must have pissed off a lot of people at ACT. They've chosen to crush his company.
Absent a lawsuit; which would be incredibly expensive and go nowhere in the end, there is no way to see what ACT has been doing in the backround and in the public markets. ACT will never be held accountable.
For retail shareholders it is yet another cautionary tale; don't rely on what appears to be strength (ACT) because that strength is only acting in its own interests. I made that mistake. I thought ACT was the foundation upon which the FAF house would be built, not the one that would work to ensure its demise.
FAF is heading to a 100% loss...
So many moving pieces in this sector, when I saw the deal announced with GTII in the US I got nervous, as I could not see how GTII could possibly fit in with the plans FAF had for US expansion.